OnPoint, a Vietnam-based e-commerce enabler, has announced that it raised $50 million in Series B.

The round was led by SeaTown Private Capital Master Fund, a fund managed by SeaTown Holdings International (SeaTown), an indirect wholly-owned subsidiary of Temasek Holdings. 

The company would use the money to expand its e-commerce enabling eco-system, strengthen talent and capabilities, and develop emerging technologies with a data-driven approach.

Company: OnPoint Consulting, Ltd., Co.

Raised: $50.0 M

Round: Series B 

Funding Month: June 2022

Lead Investors: SeaTown Private Capital Master Fund

Additional Investors: 

Company Website: https://www.onpoint.vn/

Software Category:  one-stop omni-channel e-commerce solutions

About the Company: Founded in 2017, OnPoint provides a one-stop solution that enables consumer brands to accelerate their online growth on multiple channels including e-commerce marketplaces, social media platforms, and brand-owned websites. Our goal is to create impactful values for the ecosystem by constantly innovating and developing sustainable, seamless customer-centric solutions.

Source: https://vietnamnews.vn/economy/1253816/e-commerce-enabler-onpoint-raises-50m-from-singapore-fund.html